Saturday May 30, 2020

Why falling prices are a really bad thing

On the surface, everything getting cheaper sounds like a dream come true. It’s not.

22nd January, 2015
12

On the surface, everything getting cheaper sounds like a dream come true. It’s not.

The prospect is so terrifying that it’s prompted central bankers around the industrialised world to pour trillions of dollars into their economies to prevent a sustained drop in prices.

The European Central Bank is projected to follow suit with an announcement as soon as Thursday.

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